The average annualized inflation in the sixth month of the current Iranian year (Aug. 23-Sept. 22) reached 42.1%, the Statistical Center of Iran announced in a new report.

The Iranian academic year officially started on Saturday with millions of school and university students beginning their education both in person and online.  Based on statistics of the…

Foreign Minister Hossein Amir-Abdollahian reiterated Iran’s determination to strike a strong and sustainable agreement in the talks on the revival of the 2015 nuclear deal and lifting the…

A 60,000-barrel gas condensate refinery will be constructed on Qeshm Island within the next three years to help increase gasoline and other petroleum products output in the country, managing…

The National Petrochemical Company has started exporting domestically-produced catalysts to Russian private petrochem companies, the managing director of NPC said. “NPC has signed deals with…

Iran and Turkey have agreed on setting up a permanent committee to explore and settle issues related to Aras River, a transboundary water resource that starts in Turkey and flows…

Iran reopened Chazzabeh and Shalamcheh border crossings to Iraq for resumption of exports on Wednesday, according to a local official, after they were closed due to the massive influx of…

Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a business delegation from Poland on Oct. 9.

Trade at the Iran Mercantile Exchange (IME) reached 4,311 trillion rials ($13.6 billion) in the first half of current fiscal year (March 21-Sept. 22). Total trade shot up 67% on the first six…

The Ministry of Economy, Central Bank of Iran and Ministry of Industry, Mine and Trade signed an agreement on Saturday to enhance financial support for domestic producers. 

SpaceX has a beef with satellite funding. In a rare media release, SpaceX said it will appeal a funding decision related to its Starlink broadband satellite constellation, which aims to send…

A knowledge-based company has developed modules and related apps for smart home operations that save a significant amount of energy.  These remote-control modules help users supervise…

The National Iranian Copper Industries Company’s sales stood at 419,516 billion rials ($1.32 billion) from the beginning of the current Iranian year on March 21 to Sept. 17, registering a 19%…

Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a business delegation from Poland on Oct. 9.

Iranian steelmakers registered solid growth in production in the first five months of the current fiscal year (March 21-Aug. 22) compared with last year’s corresponding period. According to the…

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian…

Iran Fara Bourse (IFB) says more knowledge-based companies and startups will go public in the near future as measures are taken to facilitate the process. “Tap30, a ride hailing app, went…

The Tehran Stock Exchange main index TEDPIX lost 11,819.61 points or 0.86% on Wednesday to end trade at 1,355,240.93. About 5.8 billion shares valued at 30.8 trillion rials ($106.2 million)…

The Economy Ministry sold 50.3 trillion rials ($158 million) bonds in the last auction held Tuesday by the Central Bank of Iran -- the highest sale in the current fiscal year that started in…

Exports from Mazandaran Province hit $120 million in the first five months of the current fiscal year (March 21-Aug. 22), registering a 22% growth compared with the corresponding period of last…

Iran’s trade with its leading trade partner, China, reached $11.15 billion in the first eight months of 2022, registering a 19.3% rise compared with the corresponding period of the year before…

The main basis for building a better world is “justice”, by which all human ideals are assessed eventually, President Ebrahim Raisi said.  “We believe in a common fate for all humanity and…

The second steam unit of Ferdowsi Combined-Cycle Power Plant in Mashhad, Khorasan Razavi Province, came on stream on Wednesday, managing director of the plant said. “The new unit added 160…

OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears…

The project to transfer desalinated Persian Gulf water to Isfahan Province’s industries and mines will be completed in 30 months. The executive operation of the project started in summer and is…